#FuturesTrades realtime trade posting journal on IRC Othernet server for full-time and part-time traders

Home September 2006 Trade Log Trading Strategies Music while Trading

#FuturesTrades September 15th Friday 2006 Trade Log

#FuturesTrades is a private and free realtime trading posting chat room on the IRC Othernet server that allows traders from all over the world to communicate.

Click here for the instructions on gaining access to #FuturesTrades.

In addition, trades posted by members of #FuturesTrades in the below trade post chat log are by traders that do not have access to TheStrategyLab.com strategies except for NihabaAshi.

Fee-based clients of TheStrategyLab.com strategies use the private IRC rooms called #TheStrategyLab and #SwingTradingTSL.

Further, you'll find below the chat room time stamped text log of realtime trades (real money and simulator) that were posted by full-time, part-time traders from around the world and the timestamp is eastern standard time (est).

Also, below NihabaAshi's trading blog like comments, you can read the time stamped trades (prices, entries, exits et cetera) and market discussions that sometimes contains trading tips or insights that are more useful than what you will see at any other futures blog or chat room.

Trading Blog Below is not your traditional trader's blog in the usual blog format. However, you will find informative commentary on a few occasions as time permits and such will contain trading tips that should help your trading as I attempt to sum up my thoughts as I traversed from the first trade to the last trade that was posted in #FuturesTrades realtime trade posting chat room.

Trader's

Books

Videos

DVD

VHS

PAL

Audio

Click Here

ER2 EuroFX EC

+3.60 +0.0000

$360.00 $0.00

Intuition Trading

I spent most of the morning reconfiguring my three computers (desktops and laptops) and missed most of the good trading action because of such.

Other than that...a quiet trading day on Quadruple Witching day itself without any key price action.

As a reminder to those visitors reading these daily trade posting logs...I've designated the month of September to not be using my trading plan (Swing Trading Report and Trading Manual) so that I can concentrate more on my intuition trading.

So far, overall, there's some rough spots to this intuition trading and worth spending an entire month to it to improve the results of such because when I return back to normal trading in October...

5-10% of all my trades usually occur via intuition trading whereas 10-15% of my trades are via new strategies that will one day be included in the Trading Manual.

Today's results (real money and simulator trading) shown above are that of NihabaAshi only. To see his total accumulated points for the month of September...click here. To see results for the months of 2006 and prior years...click here.

Commentary by M.A. Perry (a.k.a. NihabaAshi)
intradaystrategies@yahoo.com
Note: Each month there are a few trading days that we consider to involve interconnecting key price action of different markets and such is represented by a particular type of price action from one of the key markets. You can view the charts and their clues that's associated with the key price action at our key market archives.

Session Start: Fri Sep 15 09:36:00 2006Session Ident: #futurestrades

* Now talking in #futurestrades 09:36

<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<pdays> Shorts YM @ 11683

<pat255> gm all 09:37

<eminitrader> Long ES @ 1334

<jperl> limeade open this morning... 09:38

http://charts.dacharts.com/2006-09-15/JP ERL_018.png

<pdays> Covered all YM Short @ 11677 --> + 6 09:39

<eminitrader> Exited all ES Long @ 1334.25 --> + 0.25 09:40

<pat255> bulls are in a hurry.. 09:42

<silo1> hey jperl, what's $GSO and $XBD-AMEX 09:43

<jperl> $GSO software index 09:44

$XBD broker dealer index

<szubaark> Shorts NQ @ 1657.25 09:45

<silo1> ah.... cool

i'm looking at ADBE right now

thanks man

<szubaark> Covered all Short NQ at 1654.75 --> + 2.5 09:47

Sponsor:
Traders Accounting
As traders we must treat our trading like a business if we are to succeed as traders and as a business. Therefore, waiting till the last few weeks March to prepare for April's taxes is not good for your trading and could put extra stress on your trading during tax month or the months that follow if your one of those traders that filed an extension.. Therefore, its best to be on top of your taxes throughout the year and Traders Accounting is a great resource for such especially if you want to prevent penalties or an audit several years from now.

<eminitrader> Long ES @ 1332

Exited 1/3 ES Long @ 1333 --> + 1 09:48

<ItalianSharp> niha are you still flat due to quadruple witch friday? 09:56

<NihabaAshi> I'm currently not trading because I'm in the middle of resetting some Chart Workspaces. 09:57

<ItalianSharp> ok

<les> Long ER2 @ 352.2 «« paper »» 09:58

oh dear 09:59

Long ER2 @ 735.2 «« paper »»

<ItalianSharp> volatility looks dead in ER2 now

<les> else it would be a huge profit :)

<silo1> :D

take a screenshot of it when you're done niha

:)

<NihabaAshi> silo...can't do...contains confidential info I don't show anyone. 10:01

<silo1> oh 10:02

that's ok then

<eminitrader> be back in a min 10:03

<les> Long ER2 @ 734.6 -> Add «« paper »» 10:04

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 10:05

<les> Exited 1/3 ER2 Long @ 735 --> + 0.4 «« paper »»

<pat255> c u guys later @ofice ...ty all 10:09

<eminitrader> Exited 1/3 ES Long @ 1334 --> + 2 10:10

<les> Exited 1/3 ER2 Long @ 736.5 --> + 1.3 «« paper »»

exit stop raised ER2 @ 735.5 «« paper »»

<szubaark> nice e mini

<eminitrader> thx szu ...holding 2 now 10:11

if NQ breks high may see a move on ES

<les> exit stop raised ER2 @ 736.2 «« paper »» 10:12

exit stop raised ER2 @ 736.9 «« paper »» 10:16

<szubaark> crap my quotes on IB slowing down 10:17

<les> Exited Remainder ER2 Long @ 737.8 --> + 2.6 «« paper »» 10:18

not sure the script is correct 10:19

<szubaark> ER closed its gap

<les> gives me a total of 4.4 for the trade 10:20

<eminitrader> looks like a breakaway gap

<les> is actually 5.6

<szubaark> nice les. you buying steak dinner tonite

<les> ok,szu, id u eat papaer

if u eat papaer

sp, jeez

<eminitrader> expecting uptrend tilthis afternoon 10:21

very nice les

4 witching day ...gotto keep that in mind though ...may see wild swings

<jperl> no joke 10:22

<les> Shorts ER2 @ 738.2 «« paper »»

<szubaark> this upmove makes sense... They cleaned out the Puts below now they cleaning out the Calls LOL

<eminitrader> lol 10:23

<szubaark> making sure nothing expires In The Money :)))

<jperl> should add another reminder to my list... 10:24

don't trade on expiry day

<eminitrader> can be very profitable

ie; if can get the flow right 10:25

<jperl> well here are my trades for the last hour....

http://charts.dacharts.com/2006-09-15/JP ERL_019.png 10:26

<les> Covered 1/3 ER2 Short @ 737.7 --> + 0.5 «« paper »»

<jperl> Ended up profitable but not happy with any of those entries

<les> Shorts ER2 @ 737.5 -> Add «« paper »» 10:27

<silo1> damn 1821 bucks off one futures?

nice man

<szubaark> jperl i see u bought 10 that helped u out at the end (Position Sizing)

<jperl> yes position sizing is what saved me 10:28

But I didn't recognize the whip saw that was occurring before that 10:29

<silo1> hey do you guys look at VIX - i think it's nasdaq's volatility index 10:30

is this useful at all?

<mispe> VNX is the Nasdaq volatility index ! 10:31

<substanz> Shorts YM @ 11694 «« paper »»

<silo1> vxn ... my bad 10:32

<les> Covered 1/3 ER2 Short @ 737.7 --> - 0.2 «« paper »» 10:33

<szubaark> silo.. whatever indicator is on your Public Domain software is useless as 95% use that crap and LOSE

<les> thats wrong

Covered 1/3 ER2 Short @ 737.4 --> + 0.8 «« paper »»

better

<szubaark> my Quotes are Lagging I cant trade like that. 10:34

<silo1> i'm not talking about indicators

i'm just talking about index symbols

<les> exit stop moved to breakeven ER2 @ 738 «« paper »» 10:35

<szubaark> Vix,VNX are considered Indicators as they measure Volatility like Bollinger Bands or CCI would.. lol

<les> Covered 1/3 ER2 Short @ 737 --> + 1.2 «« paper »»

<eminitrader> szu is right solo ..vix not an index symbol its a indicator 10:36

<szubaark> emini i havent found ONE trader making money with them things hehehe

they just make your chart look pretty 10:37

<les> script is screwy

<eminitrader> i dont know on any using them either szu...will prolly help investors more than daytraders

<les> total was 1.3

not 2.3 10:38

<szubaark> That One guy that just blew out his account was using MACD.

<eminitrader> KISS - is the best indicator...nothing to beat that ...everyone i know using that is a winner 10:42

Long ES @ 1333.50 -> Add 10:53

<substanz> Covered all YM Short @ 11679 --> + 15 «« paper »» 10:56

<eminitrader> Long ES @ 1333 -> Add 11:10

holding 5 avg 1332.50

<szubaark> testing Opening lows 11:13

Buys NQ @ 1655 11:14

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY)

<szubaark> Exited all Long NQ at 1653.25 --> - 1.75 11:17

Shorts NQ @ 1653.50

Option Expiration shinanigans 11:18

<jperl> ER2 at low of day 11:19

<eminitrader> Long ES @ 1331.50 -> Add 11:22

holding 7now 11:23

<szubaark> Covered all Short NQ at 1653.50 --> 0 11:27

gotta leave for now.. be back pm

:((

<eminitrader> later szu

<jperl> TotalMarket turning mixed.... 11:29

http://charts.dacharts.com/2006-09-15/JP ERL_0110.png

<NihabaAshi> Shorts ER2 @ 733.10 -> small size 12:03

2 contracts

Shorts ER2 @ 733.50 -> Add 12:04

<les> Long ER2 @ 733.7 «« paper »» 12:06

Long ER2 @ 734 -> Add «« paper »» 12:10

Exited 1/3 ER2 Long @ 734.2 --> + 0.2 «« paper »»

<NihabaAshi> Covered ER2 Short @ 734.10 --> - 1 12:11

Reverse and Enter Long ER2 @ 734.10

-1 (1) and -0.60 (2)

<les> Exited 1/3 ER2 Long @ 734.5 --> + 0.8 «« paper »» 12:13

exit stop raised ER2 @ 733.9 «« paper »»

<asuni> it seems the opposite niha, -1 (2) and -0.6 (1)

<les> exit stop raised ER2 @ 734.1 «« paper »» 12:14

<NihabaAshi> Exited 2/3 ER2 Long @ 735.10 --> + 1.0 12:15

<les> exit stop raised ER2 @ 734.5 «« paper »»

<NihabaAshi> Exited Remainder ER2 Long @ 735.50 --> + 1.4

Trading Edge:
Strategies
If your an independent trader looking for an edge to help you traverse around obstacles to profitable trading...a method that's well defined, gives you a better understanding of the markets, applicable for day trading, position trading and swing trading with a money back guaranteed policy...click here.

Trading Strategies -> These strategies will reveal and explain specific strategies from entry to exit that exploit inefficiencies in the price action of your trading instrument for profits in the following trading instruments: Emini Index Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Index Derivatives (DAX, ESTX50), Euronext Index Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Energy Futures (CL, NG, HO, QM), Forex Currencies (EurUsd, EurYen, UsdCdn), Exchange Traded Funds (DIA, GLD, OIH, IWM, QQQQ, SPY, XLE) and Hang Seng Index Futures (HSI)

<pat255> vn niha ...good reverse ... 12:16

geez not easy forme to do that ...need to lern this quick reverses..

<NihabaAshi> pat255...it was a late trade reverse...I took a trade against one of my pattern long signals because I thought it would drift a little lower before going upwards. Once I was proven wrong (loss)...I reversed 12:20

<pat255> i c...ty niha

<les> Trailing Stop Hit ER2 @ 734.5 --> + 0.8 «« paper »» 12:21

<NihabaAshi> asuni...thanks...got some numbers switched around in my typing.

Eurex and Euronext contract changeover today 12:25

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 12:26

<les> Shorts ER2 @ 734.5 «« paper »»

<NihabaAshi> Les...out f curiousity...is there a reason why you don't trade the FTSE-100 ??? 12:27

<les> Covered 1/3 ER2 Short @ 734 --> + 0.5 «« paper »»

<NihabaAshi> Due to the fact you live in England.

<les> niha- i would, but i work for the NHS in the am 12:28

the guy who mentored me trades it heavy

i gather ur quite keen on it 12:29

interesting guy...

he only uses PnF

trades 2 and 3 box reversals 12:30

<NihabaAshi> Yes...if it was for the spouse and kids...I would only trade DAX, FTSE100 and CAC40

<les> hates indicators

<NihabaAshi> Meant if it "wasn't for the spouse and kids".

<les> but he also gives courseson TA, which is how i met him

some guys in the City of London finace district just gave him $3m to play with 12:31

some Dutch bigwheel and a coupla his brit buddies

he couldn believe the way they chuck money araound 12:32

i happen to be a private investor in the company he set up to use that $3m capital

cant wait till he gets shooting 12:33

Covered 1/3 ER2 Short @ 733.6 --> + 0.9 «« paper »» 12:34

exit stop lowered ER2 @ 734.3 «« paper »»

exit stop lowered ER2 @ 734 «« paper »» 12:36

<eminitrader> Long ES @ 1330.25 -> Add 12:40

holding 10 now

exit stop set ES @ 1328.75 12:41

<les> exit stop lowered ER2 @ 732.9 «« paper »»

Covered Remainder ER2 Short @ 732.3 --> + 2.2 «« paper »» 12:44

<NihabaAshi> Shorts ER2 @ 731.10 -> small size 12:50

Testing something new...1 contract only. 12:51

Covered ER2 Short @ 732.20 --> - 1.1 12:55

Reverse and Enter Long ER2 @ 732.20

3 contracts on the reverse.

* les is now known as lesAway 12:58

<NihabaAshi> Exited 1/3 ER2 Long @ 733.40 --> + 1.2 13:09

<pat255> nice niha..

<NihabaAshi> Exited 1/3 ER2 Long @ 734.00 --> + 1.8 13:10

Exited Remainder ER2 Long @ 733.10 --> + 0.9 13:28

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 13:38

<eminitrader> Exited 1/2 ES Long @ 1333,25 --> + 0 + 1333,25 - 1330.25 13:42

holding 5 now

<pat255> good job emini 13:43

<eminitrader> thx pat

<Chilly> good afternoon ...papertraded this morning..too many to post.. using new techniques learned in this room.. 13:45

one real PM trade (ER + 2.1) so I feel I am benefitting after a couple of weeks here ... thanks to all 13:46

<pat255> k guys ..later back to work ty 13:51

<szubaark_away> Shorts NQ @ 1652 13:57

<NihabaAshi> Be right back...need to do a quick reboot after transfering lots of trading workspaces between my three computers. 14:00

By the way...Chilly...glad your seeing some improvements in your trading.

<Chilly> glad to have found youz 14:01

* DisconnectedSession Close: Fri Sep 15 14:02:31 2006 14:02

* Now talking in #futurestrades 14:23

<X> [NihabaAshi] #FuturesTrades info @ http://www.thestrategylab.com/FuturesTradesChatRoom.htm and trade log archives @ http://www.thestrategylab.com/RecentTrades.htm

<eminitrader> exit stop raised ES @ 1331.50 14:38

<szubaark_away> Covered all Short NQ at 1655.50 --> - 3.5 14:44

got a guest.. had to exit. trade wasnt going anywhere. 14:45

<eminitrader> later szu

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 14:47

<eminitrader> Exited Remainder ES Long @ 1331.50 --> - 0.5 14:56

<jperl> ER2 has become a "NORMAL DISTRIBUTION" market as you can see here... 15:05

http://charts.dacharts.com/2006-09-15/JP ERL_0111.png 15:06

light blue line= VWAP....superimposed on POC 735.30

shape of the distribution is Gaussian (Normal) 15:07

<eminitrader> Long ES @ 1332.50 -> Add 15:08

not an add new trade

<lesAway> Shorts ER2 @ 734.9 «« paper »» 15:10

* lesAway is now known as les

<jperl> I'm done for the day.....executions follow 15:12

http://charts.dacharts.com/2006-09-15/JP ERL_0112.png

<pdays> u been busy 15:20

<Chilly> pdays .. any thoughts on using tick charts? 15:22

<les> Shorts ER2 @ 735.9 -> Add «« paper »» 15:24

<eminitrader> Exited all ES Long @ 1332.50 --> + 0.5 15:34

b/e 15:35

have a good one all ...see u mon

<Chilly> gn folks 15:38

<les> Covered 1/3 ER2 Short @ 734.7 --> + 1.2 «« paper »» 15:39

Covered Remainder ER2 Short @ 735.1 --> - 0.2 «« paper »» 15:42

thats my last trad 15:43

cya all next week

* Looking up NihabaAshi user info... 15:52

<X> #FuturesTrades Info -> Chat room for realtime trade posting by traders of Emini Futures (ER2, ES, NQ, YM), EuroFX Futures (EC), Eurex Derivatives (DAX, ESTX50), Euronext Futures (FTSE100, CAC40), Treasury Futures (ZF, ZN, ZB), NYMEX Futures (CL, NG, HO, QM) and Exchange Traded Funds (DIA, GLD, IWM, OIH, QQQQ, SPY) 15:59

<NihabaAshi> Take care all and have a good weekend. 16:19

* DisconnectedSession Close: Fri Sep 15 16:19:23 2006

Sponsor:
Slysoft
Mentally getting away from trading is much harder to do in comparison to physically getting away from trading when its time for some rest and relaxation. Personally, one of my favorite ways to mentally rest is to watch movies I've copy & recorded from the local video store via my Slysoft software that copies any copyright protected dvd's and cd's.

Sponsor:
Think Geek

I don't always trade nor monitor the market from my home office. Sometimes I'll do such from one of my favorite nearby Wi-Fi hotspot or whenever I'm traveling via using this little Wi-Fi detection gadget I got from Think Geek that will show more than just the presence of any nearby signal and its signal strength. It has a 12-character LCD that provides information on signal availability and strength as well as essential network information, including SSID, security status and channel. When multiple networks are present the LCD me to scroll through information for each network.

We are proud to say that our chat room members are from the following geographical areas in the world:

Argentina, Australia, Belgium, Brazil, Canada, Denmark, France, Germany, Greece, Hong Kong (China), Israel, Italy, Japan, Mexico, Portugal, Puerto Rico (U.S.), Saudi Arabia, Singapore, Spain, United States and Venezuela.

In addition, below are the trading instruments our chat room members monitor closely to make trade decisions:

CME Emini Futures ES, NQ and ER2

CBOT mini-sized Dow Futures YM

Eurex Index Derivatives (futures) DAX and DJ Euro Stoxx50

Eurex Fixed Income Derivatives BUND, BOBL and Schatz

Euronext Futures FTSE-100 and CAC-40

CME Futures EuroFX EC

Treasury Futures T-Notes ZN, ZF and T-Bonds ZB

Forex Currencies EurUsd, EurYen and UsdCdn

Exchange Traded Funds DIA, IWM, QQQQ, SPY, OIH, XLE and GLD

NYMEX Energies Light Crude Oil CL, e-miNY QM and Natural Gas NG

Hang Seng Index Futures HSI

Last of all, if you have any questions about either #EminiFutures general market chat room, #FuturesTrades realtime trade posting room or the two realtime strategy discussion rooms used by traders with access to our fee-based strategies called #TheStrategyLab and #SwingTradingTSL...

Don't hesitate to ask your questions and we'll reply back as soon as possible.

Sincerely,

M.A. Perry and Associates

TheStrategyLab.com

questions@thestrategylab.com

"The point of this whole exercise is to make money. Everything else is just conversation." --Jonathan Hoenig

Home · · About Us · · Accolades · · Trade History

Trading Strategies · · Manual · · Trader Consultation

Discussion Forums · · Japanese Candlesticks · · Traders Library

Live Chat Rooms · · Seminars · · Computer System Setup

Refund Policy · · Cash Rebate Program · · Referral Program

Contact · · Feedback · · Privacy · · Disclaimer

Copyright © 2002-2006. The Strategy Lab. All rights reserved.